TSLA – Tesla, Inc. Stock Forum

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  • #169221

    TSLA – Tesla, Inc. – Stock Forum
    Tesla, Inc.

    Tesla’s mission is to accelerate the world’s transition to sustainable energy.
    TSLA – Tesla, Inc. is an American automotive and energy company based in Palo Alto, California. The company specializes in electric car manufacturing and, through its SolarCity subsidiary, solar panel manufacturing.
    Tesla was founded in 2003 by a group of engineers who wanted to prove that people didn’t need to compromise to drive electric, that electric vehicles can be better, quicker and more fun to drive than gasoline cars. Today, Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products. Tesla believes the faster the world stops relying on fossil fuels and moves towards a zero-emission future, the better.

    TSLA Press Releases
    TSLA SEC Filings

    Consumer Goods | Auto Manufacturers – Major | USA

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    #183653

    BEIJING/SHANGHAI — China’s customs authority has suspended customs clearance procedures for Model 3 cars built by Tesla, the financial publication Caixin reported on Tuesday.

    The report said the customs authority in Shanghai had found various irregularities in 1,600 imported Model 3 cars, including the improper labeling of the vehicles.

    Customs has notified Tesla not to sell or use Model 3 vehicles that have already been cleared, the report said, citing a notice issued by the authority on Mar. 1.

    The authority has also urged inspectors at all ports responsible for importing vehicles to step up inspections of other imported Tesla models and suspend their release if similar problems are uncovered, the report added.

    The carmaker was not immediately available for comment.

    Tesla has been trying to roll out the Model 3 in China ahead of schedule in a bid to revive sales hit by Sino-U.S. trade tensions.

    #170287

    Frank
    @frank

    A couple things out on Tesla this weekend.
    1- Tesla Pays the $920 Million bond on cash – https://stocksnewsfeed.com/cnbc/tesla-pays-off-920-million-convertible-bond-in-cash/
    2- Tesla is set to unveil the Model Y on March 14th. https://stocksnewsfeed.com/cnbc/tesla-to-unveil-model-y-suv-on-march-14/
    Good for the stock being able to make the payment, but it would be interesting to know their true cash position. With lowered sales guidance on Thursday after the Model3 news, closing stores and have to still fork out cash for a line of vehicles, they might need some financing.
    But, the Tesla cult is difficult to judge. This stock does enjoy a certain cult like following that continues to buy up the stock on any new little positive news.

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